Manufacturing

MSMEs and start-ups integrated into the supply chain India's defence production output in Financial Year (FY) 2022-23 increased by more than 12% to Rs.106,800 crore over FY 2021-22’s Rs.95,000 crore, the Defence Ministry said on 19 May 2023. The Government...

Indigenisation achieved through DPSUs-industry partners, says Ministry The Department of Defence Production (DDP) says 164 Positive Indigenisation List (PIL) items, with an import substitution value of Rs.814 crore, have been notified on having met the indigenised target by December 2022....

Govt-industry heavyweight committee formed to produce HEMM In order to further reduce India’s reliance on import of high-capacity mining equipment and to boost its domestic production, Ministry of Coal is making continuous efforts to develop indigenous manufacturing capabilities in coal...

Bhalla says changers will ramp up domestic production of solar modules The Ministry of New & Renewable Energy (MNRE) has come up with a number of reforms in its ‘Approved List of Models and Manufactures for Solar Photovoltaic Modules’ (ALMM)...

DPSUs to undertake indigenisation of sub-systems, spares and components Defence Minister Rajnath Singh has approved 4th Positive Indigenisation List (PIL) of 928 strategically-important Line Replacement Units (LRUs), Sub-systems, Spares & Components, including high-end materials & spares, with import substitution value...

Govt policies to boost growth in auto market The auto ancillary market is anticipated to reach Rs.7,294.99 billion by FY 2027, expanding at a compound annual growth rate (CAGR) of ~12.06% during the FY 2023 - FY 2027 period. It...

Rajnath Singh calls for increased Israeli investments in co-production of defence equipment in India Visiting Foreign Minister Eli Cohen has affirmed Israel's continued cooperation in India’s endeavour for indigenisation of defence sector products. He has also conveyed the willingness to...

INDIA 2.0 cars have set new benchmark in safety, says Solc Just about a month after highlighting the importance of Indian market, Czech car maker Skoda Auto has said India will become an export hub for the company as it...

Mumbai mission to provide customers with more immediate-comprehensive support Taiwan’s AUTOGRIP has acquired 2-acre land in north Chennai to establish a production base in India and expand business in the machine tool industry, says the company vice president Victor Chen....

Baid says healthcare product manufacturing backed by robust and coherent policy Now is the time when India, leveraging the Government support, industry participation and country's talent pool, will achieve new heights in terms of manufacturing and accessibility of high-quality medical...